Gujarat elections: Bookies predict BJP’s victory again

November 27, 2017, 4:14 PM IST

Gujarat: Betting, though illegal in India, the business thrives underground mostly during cricket matches and elections. With Gujarat elections going on December 9 and 14, the bookies predict BJP’s win in the upcoming Assembly polls.

According to the ongoing predictions, the BJP is likely to win around 118-120 seats not much different than last assembly elections held in 2012 when the BJP has managed to win 119 seats.

According to the bookmakers on conditions of anonymity, there is 1000 Crore betting business associated with Gujarat assembly elections.

The bookies are offering Rs 1.25 for every Rs 1 placed on BJP win, whereas for Congress they are offering Rs 3 for every Rs 1.

There are only two parties that are in competition in the elections, though there are some other parties in the fray, according to bookies.